CHAPTER 20
RISE OF MODERN RISK MANAGEMENT
RISK QUOTE: It is easy to fly into a passion. Anybody can do that, but to be angry with the right person to the right extent and at the right time and in the right way? That is not easy.
—ARISTOTLE, ANCIENT GREEK PHILOSOPHER
RISK QUOTE: You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You are able to say to yourself, “I lived through this horror. I can take the next thing that comes along.”
—ELEANOR ROOSEVELT, FIRST LADY
We pause at this point to identify risk management concepts and events that contributed to our ability to scan the horizon, identify risks broadly, and use technology to share exposures with risk owners.
Risk Management ...
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